Auto Industry News

Mahindra reported a better-than-expected second-quarter profit, driven by strong demand for its passenger vehicles and farm equipment.

India wants countries to agree to phase down all fossil fuels at the COP27 climate summit in Egypt, rather than a narrower deal to phase down coal as was agreed last year.

Indian shares fell, weighed by auto and metal companies.

Eicher Motors Ltd fell short of analysts' estimates for quarterly profit on Thursday, as costs jumped 50% at the Royal Enfield motorcycle maker.

Tesla is considering exporting made-in-China electric cars to the United States.

MG Motor India is gearing up to launch the new 2023 Hector in our unveil the new Hector in our market on January 05, 2023 and the company has already teased the updated SUV giving us an idea of modifications made to the Hector's design and interior.

Driven by the strong demand for its new launches, Mahindra & Mahindra beats industry estimates recording a healthy 46 per cent uptick in Q2 FY2023 net profit while its PAT in H1 FY2023 went up by 54 per cent.

The commercial vehicle manufacturer reported that revenue in the quarter grew to Rs. 8,266 crore, up from Rs. 4,458 crore.